4260 Ponchartrain Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by Coldwell Banker Realty | $2,395,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Dec 27, 2021 | Listed by Coldwell Banker Realty | $2,290,000 | |
| Listed by Coldwell Banker Realty | |||
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This sophisticated, light-filled lakefront retreat in the Village of Michiana has been designed for pure enjoyment of the beach and spectacular lake views. With a thoughtful integration of indoor and outdoor spaces that makes entertaining family and friends a pleasure. Built in 1992, this calming Contemporary has been renovated throughout the years with the main living area totally redone to include a Degiulio kitchen with Wolf & Subzero appliances, new bathrooms, flooring & windows. The 2-story living room with fireplace opens to the dining area and kitchen, and has floor to ceiling windows with lake views that can be enjoyed from each area. Sliding doors across the living room lead out to the deck. The ensuite primary bedroom with fireplace has expansive water views & walk-in closet. Two guest bedrooms have access to an outdoor balcony. A flexible family room on the main can also serve as a 4th bedroom. A 3-season room overlooking the lake features glass doors that fold in to allow for open air living. And there's no better place to enjoy the sun and spectacular sunsets than the 1300 sf rooftop deck. A bluff revetment was completed in 2020, and, the home is being offered turnkey for your immediate enjoyment!
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| Mar 12, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017